Blue-chip stocks are well-loved for their reliability and long track record. Investors who include blue-chip stocks within their portfolios can enjoy a good night’s sleep knowing that their investments can weather economic storms. The icing on the cake comes in the form of dividends which most blue-chip stocks pay out regularly. Income investors relish these dividends as they constitute useful passive income. Here are four attractive Singapore blue-chip stocks with dividend yields of 4.7% and above.

Mapletree Industrial Trust (SGX: ME8U)

Mapletree Industrial Trust, or MIT, is an industrial REIT with a portfolio of 56 properties in the US, 85 properties in Singapore, and one property in Japan. MIT’s total assets under management (AUM) stood at S$9.2 billion as of 31 December 2023. The REIT reported a commendable set of earnings for its fiscal 2024 third quarter (3Q FY2024) ending 31 December 2023. Gross revenue rose 2% year on year to S$173.9 million with net property income (NPI) inched up 0.8% year on year to S$129.9 million....